Cerity Partners merges with Touchdown Ventures to deepen VC capabilities and expertise

Cerity Partners, an independent wealth management firm, is merging with Touchdown Ventures (Touchdown), a provider of advisory services for corporate venture programs. Following its closing, anticipated in the coming weeks, Touchdown will operate as Cerity Partners Ventures (CPV) and integrate into the firm alongside Cerity Partners' broader service offerings.

Partnering with Touchdown will facilitate the expansion of Cerity Partners' offerings to corporations and businesses to include Venture Capital-as-a-Service (VCaaS) which aims to unlock access to external innovation through tailored venture capital solutions. The merger will also broaden access to innovative startups, while enhancing Cerity Partners' offerings to its private clients and expanding its footprint in key growth-oriented markets, including Philadelphia, Chicago, Los Angeles, and San Francisco.

Kurt Miscinski, CEO, Cerity Partners: "Our partnership with Touchdown Ventures comes during a period of significant growth for Cerity Partners and will be instrumental in deepening our offering to corporate partners. Touchdown's best-in-industry VC professionals, coupled with our shared fiduciary commitment to deliver exceptional service in our clients' best interest, make them an ideal partner. We couldn't be more excited to welcome the Touchdown team."

David Horowitz, CEO, Touchdown: "Our relationship with Cerity Partners amplifies our team's ability to provide the best possible venture capital services for corporations seeking access to external innovation. This merger reinforces the commitment of our team to continue our mission, and I speak for my co-founders in saying that we are excited to keep doing what we are doing together with our new colleagues at Cerity Partners."

Park Sutton Advisors, a Waller Helms Company, served as exclusive financial advisor to Touchdown and Nelson Mullins provided legal counsel. Lowenstein Sandler served as legal counsel for Cerity Partners.

www.ceritypartners.com
www.touchdownvc.com

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